An Annual Report is due each year by the last day of the month that a company incorporated or registered to do business.
If a corporation does not file an Annual Report by its due date the corporation will not be in good standing. The Commission’s records will reflect this change in status.
Corporations have a five-month period in which to file an Annual Report. Failure to file an Annual Report in that time period will result in the termination of a corporation’s existence. 

A person may reserve the exclusive use of an available business entity name for a period of 120 days by filing an application with the Commission, which includes paying a filing fee of $10. The reservation can be for a Virginia or foreign business entity and may be renewed for successive periods of 120 days during the 45-day period preceding the date of a reservation’s expiration. If the reservation is not renewed within the 120 day period, the exclusive use of the business entity name will be revoked.

Applications for a name reservation or a renewal of a name reservation may be filed online in CIS. Downloadable forms are available for the various business entities on our Forms & Fees page.

A foreign corporation, before it receives a certificate of authority to transact business in Virginia, may register its corporate name for a period of one year by filing an application and a certificate of good standing with the Commission and paying a filing fee of $25. The certificate of good standing, or a document of similar import, must be issued by the custodian of corporate records in the state or other jurisdiction under whose laws the corporation is incorporated.

A foreign stock corporation may also register its corporate name with a corporate designator (e.g., “Inc.”) added, if one is not part of its true name. The registration can be renewed for successive one year periods during the 60-day period preceding the date of a registration’s expiration.

An application for a name registration or a renewal of a name registration is available for foreign corporations online in CIS or on form SCC632/831.

HBE agent and assister town hall 09202023

REQUIREMENTS FOR “CERTIFIED REINSURER” STATUS IN VIRGINIA

MULTIPLE EMPLOYER WELFARE ARRANGEMENTS REQUIREMENTS FOR OPERATING IN VIRGINIA

Public Adjuster FAQs

08-23-2023 HBE Agent Town Hall

racefield notification letter

1. Apply for (or maintain) a license through the Virginia Bureau of Insurance.
   Agents must maintain an active license in Virginia with a health qualification and be in good standing in accordance with the requirements of Chapter 18 of Title 38.2 of the Virginia Code.
   • Access instructions regarding agent licensure in Virginia and check the status of a license.
   • Access information about how to renew your license.
   • Get information about reporting and compliance requirements.
2. Complete agent training through Virginia's Insurance Marketplace (VIM) Learning Management System (LMS).
   • Federally-facilitated Exchange (FFE) certified agents (at the time of account migration) who completed Plan Year 2023 registration and training will be eligible to complete a shorter training program for Plan Year 2024. (You would have received an auto-generated email from no-reply@scc.virginia.gov providing your login ID. Visit Virginia's Insurance Marketplace Learning Management System to begin.)
   • Agents new to the Exchange or who are not currently FFE-certified at the time of account migration will be required to take the full VIM training program for Plan Year 2024. Send an email request for a new LMS account including name, unique email, unique cell number, and National Producer Number (NPN) to MarketplaceLMS@scc.virginia.gov.
     • To receive certification of training completion, agents must receive a passing score of 80 on module tests. Complete training and pass the tests by October 10, 2023 for November 1 Exchange Certification.
     • Agents will complete a Virginia Health Benefit Exchange – Agent Agreement upon training completion and attach the signed agreement on the agent’s VIM LMS Account. Certification is effective only for the existing plan year and will remain active through October 31, 2024.
       To execute the Virginia Health Benefit Exchange Agent Agreement, download, execute, and attach the signed agreement on your LMS account profile as follows:
       1. Locate your LMS account at the top right of LMS main screen (your initials within a circle) and select "Account."
       2. Select "Profile;" then, next to "Attachments," select "Edit."
       3. Upload your executed VAHBE Agent Agreement 2023-24 saved in the format "NPN_FirstInitial_LastName_VAHBEAgentAgreement_2023-24.pdf."
          Example file format: 01234567_T_Smith_VAHBEAgentAgreement_2023-24.pdf

This page lists the filings that you may need during the lifecycle of your out-of-state corporation. We encourage you to file online to save time and prevent processing errors.

	I want to...	Fee	Filing Method
Before You Form	Register a Business Name for one year (SCC632/831) Note: Must provide a certificate of good standing	$25	File Online (select Registered Name) or Download Form SCC632/831-PDF
	Release a Reserved Business Name before the one-year expiration	$10	File Online (select Registered Name)
	Reserve or Renew a Business Name for 120 days (SCC631)	$10	File Online (select Reserved Name) or Download Form SCC631-PDF
	Transfer a Business Name that has been reserved for 120 days	$10	File Online (select Reserved Name)
Start a New Business	Register a new Foreign Corporation (SCC759/921) Note: See the Foreign Registration Checklist for helpful information	$25 + any additional entrance fee	File Online or Download Form SCC759/921-PDF.
Restart Your Business	Reinstate your business (SCC769.1/931.1P)	$100 + unpaid fees	File Online or Request a Packet
Maintain Your Registered Agent and Registered Office	Update your Registered Office Address or Change your Registered Agent (SCC635/834)	No Fee	File Online or Request a Form
	Resign as Registered Agent (SCC636/835)	No Fee	File Online or Download Form SCC636-DOC or SCC636-PDF
Update Your Business	Update your Principal Office Address and the names, titles and addresses of your directors and principal officers (SCC1)	No Fee	File Online (select Annual Report) or Request a Form
	Amend your name or state/country of incorporation (SCC760/922) Note: Most amendments require a certified copy from your home state	$25 + any additional entrance fees	File Online or Download Form SCC760/922-PDF
	Amend your Certificate of Authority Note: All amendments filed in your home state must be filed with the SCC within 30 days and require a certified copy	$25 + any additional entrance fees	File Online or Mail a certified copy
Domesticate Your Business	Domesticate your Foreign Stock Corporation to Virginia (SCC722.5-VA)	$25 + any additional charter fees	File & Attach Online. Download guidelines SCC722.5-VA-DOC to create your own articles.
	Domesticate your Foreign Nonstock Corporation to Virginia (SCC898.4)	$25 + any additional charter fees	File & Attach Online. Download guidelines SCC898.4-DOC to create your own articles.
Close Your Business	Withdraw your Registration as a Foreign Corporation (SCC767/929)	$10	File Online or Download Form SCC767/629-PDF